Next Bitcoin Long Setup at GETTEX:87K Hey Crypto Enthusiasts, I'm eyeing a LONG setup on Bitcoin (BTC) at the $87,000 mark. Here’s why this level is significant: Historical Resistance: GETTEX:87K has previously acted as a resistance level where Bitcoin faced considerable selling pressure. Breaking this barrier could signal strong bullish momentum. Market...
get ready for a retrace and the last good entry before the top
BTC HTF BULLISH EW In this case we are in a 4 wave correction looking for longs for wave 5
BTC just printed a Bullish 3 drives pattern, if this is to come true we can expect the next month or two to see a new all time high. Big heads up will be entering again to this high time frame channel .
For now a New ATH is the most probable plan , so we are looking to long the bottom of 2nd wave in confluence with Weekly pivots and fib retracement.
Two Trade set ups based on Bullish EW count. *Always entry after reclaim the level on LTF retest and not caching a knife!
BTC HTF BEARISH EW In this case we have already put the ATH and now we are in the beggining of an ABC correction. This correction may take 1 year at least
BTC took the liquidity from below, reclaim a daily level and manage to change the MS in LTF , it worth a long if holds the golden pocket zone
Over all my Bias for Crypto and stocks at lest for the next months is bearish , but in short term its possible to see another leg up 4h chart on BTC Bearish 4h chart on S&P 500 Bearish D chart on DXY Bullish
Very respected high time frame channel on bitcoin. If this channel continuous to be respected then this is big buying zone!
If we assume that the bottom is already in then this is a probable scenario
Macro for BTC i am looking for 2 possible scenarios. Both with small rally up and then going for lower and puting the bottom approximately at 13k.
The only low risk short today, starting as a scalp with quick tp!
My smart bot in action. Strategy only for $egld attached to a bot. Magic!
Bitcoin possible bearish harmonic pattern to give a nice short from 50k area
Bitcoin Macro analysis Remember we are at multiyear support! Not a good place to open a swing short!
DXY aproaching really big resistance and possible SFP of previous long term high 109.7